OMB: Deficits, growth lower in the near term, inflation up ...Middle East

The White House’s annual update to its most recent budget forecasts shows a brighter near-term picture for federal finances but a gloomier outlook for inflation and economic growth. Compared with late March when the Biden administration released its fiscal 2023 budget request, the Office of Management and Budget in a report issued Tuesday sees the deficit […] The post OMB: Deficits, growth lower in the near term, inflation up appeared first on Roll Call.

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